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A Year-End Accounting Checklist for Your Roseville Metropolitan Area Business

A Year-End Accounting Checklist for Your Roseville Metropolitan Area Business

by 5 Star Accounting & Business Solutions LLC | Uncategorized

Black Friday may be for big corporations but small business Saturday might be for your Roseville Metropolitan Area business. Are you taking advantage of it? I think in this environment of so much broken trust, a small business — like yours perhaps? —...
Business Taxes 2025 In Your Roseville Metropolitan Area Business Under Trump

Business Taxes 2025 In Your Roseville Metropolitan Area Business Under Trump

by 5 Star Accounting & Business Solutions LLC | Uncategorized

It’s nice to know that, in the midst of so much division, Americans can still rally together around something – even if it’s just boxing. Over 60 million households Netflix-streamed the boxing match between Jake Paul and Mike Tyson that took place over the...
Bonus Property Depreciation: Big Tax Savings for Roseville Metropolitan Area Business Owners

Bonus Property Depreciation: Big Tax Savings for Roseville Metropolitan Area Business Owners

by 5 Star Accounting & Business Solutions LLC | Uncategorized

Pause and take a collective exhale with me… The presidential election is behind us. Now that the chaos is over, we can focus on what’s ahead. I’d suggest taking a little sage advice from those t-shirts we had in 2010 – “Keep Calm, and Carry On.” With a new...
ERM Strategies & Managing Risk for Your Roseville Metropolitan Area Business

ERM Strategies & Managing Risk for Your Roseville Metropolitan Area Business

by 5 Star Accounting & Business Solutions LLC | Uncategorized

As I write this, election day is only hours away. I would tell you to remember to get out and vote, but, by the time you read this, you most likely have already checked that box (or, more accurately, colored in that circle). Stats are showing nearly half of those...
Your Roseville Metropolitan Area Business’s Budget Should Start Here

Your Roseville Metropolitan Area Business’s Budget Should Start Here

by 5 Star Accounting & Business Solutions LLC | Uncategorized

It seems like the government thinks they have an endless supply of dollar bills, the way they like to throw our tax dollars around.But believe it or not, the government has to use an annual budget, and they have agencies in place to make them stick to it...
Sales Strategies: Mistakes That Could Be Costing Your Roseville Metropolitan Area Business

Sales Strategies: Mistakes That Could Be Costing Your Roseville Metropolitan Area Business

by 5 Star Accounting & Business Solutions LLC | Uncategorized

Less than two weeks remain until the 2024 presidential election. While Elon Musk is making headlines with his million-dollar-a-day prize for swing-state voters (sign a petition, become a millionaire — interesting tactic and a possibly illegal one)… what you...
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Genevieve Maiorana’s Perspective: What Are The Most Important Cybersecurity Measures for Small Businesses?

Key Takeaways Create a written data protection policy. Every employee should know the rules for handling sensitive data. Back up data regularly with secure cloud services or encrypted physical backups. Encrypt everything so stolen data is useless to...

Can End-Of-The-Year Giving Mean Tax Deductions For My Roseville Business?

Key TakeawaysWhen your business gives back, make sure it’s documented correctly so your tax professional can secure any potential tax benefits.  Charitable contributions to qualified 501(c)(3) organizations can be deductible. Marketing-related giving...

The Work Opportunity Tax Credit: Year-End Hiring Benefit for Roseville Businesses

Key TakeawaysYes, the WOTC applies if you hire someone before December 31, 2025.  You must submit IRS Form 8850 to your State Workforce Agency (SWA) within 28 days of the new employee’s start date. The potential tax savings can be worth up to $2,400 per...

Why Cash Flow Management Is Important At Year-End in Your Roseville Business

 Key Takeaways Profit doesn’t equal liquidity: You can look great on paper (i.e., profitable) and still run out of cash. Year-end cash flow management is about accelerating what comes in and strategically optimizing (delaying) what goes out (legally, of...

What Year-End Moves Can Protect Roseville Owners From Form W9 Mistakes?

Key TakeawaysKeep every contractor’s Form W9 on file before the first payment. If your contractor won’t give you a W9, follow the three-step written request process to prove due diligence. Use the IRS TIN Matching tool before filing your 1099s to verify...

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